The video games trade association has expressed sadness at the closure of Dundee company Cohort Studios, and hopes that the chief executive and his team can be successful in the future.
Cohort at Seabraes announced on Thursday that it was closing its premises and making 25 staff redundant. It blamed its plight on demand for console development collapsing and its inability to attract fresh investment.
Rather than sink further and have to call in administrators, the company decided to close now and give employees notice of redundancy to ensure they would receive all their entitlements.
Chief executive Lol Scragg said there was a chance revenue from the last title Me Monstar: Hear Me Roar would allow some form of recovery later in the year.
Dr Richard Wilson, chief executive of TIGA, the trade association representing the UK games industry, said, “TIGA is hugely saddened to hear the Dundee- based independent studio Cohort Studios will be making these redundancies.
“Their expertise is highly regarded throughout the industry in developing for PlayStation 3, PSP, Playstation Network, PlayStation 2 and PC platforms. We have worked closely with Cohort over the last few years and have seen first hand the talent and drive that went into the business.
“TIGA would like to place on record our admiration for Cohort and all they have achieved in the past five years. We wish Lol Scragg and the rest of the team at Cohort Studios every success in the future.”